Seven ways your family can help you save taxes

A family is there for support always not only emotionally, physically but also financially. The member of family can be useful to save taxes. However, the investments and spending done for your family are not eligible for tax rebates. But there are some perfect legal ways by which your family … Continue reading

Ways to repay loans

Find out various options to reduce your loan burden without stressing your wallet Borrowers typically have horror stories to tell about loan tenures that have been extended till retirement, credit cards charging astronomical amounts and harassment by lenders due to missed EMIs. If you also find it difficult to repay your … Continue reading

ITR V can be sent till 31-3-2014 for AY 2009-10, 2010-11 and 2011-12

CBDT has extended the date of filing iTRV till 31.03.2014 for  2009-10, 2010-11 and 2011-12. ITR V needs to send to Banglore CPC within 120 days of filing income tax return. If ITR V is not sent within 120 days then it is considered that return is not filed at all. … Continue reading

How to calculate arrears or advance salary under section 89

How to calculate your Income tax liability if in current year you get salary arrears for previous years. Lets take an example Mr Suresh is working with private firm and during year 2013 he receives salary for current year Rs 3 lac and for also receives arrears of salary for … Continue reading

How to check Income Tax Refund Status Online

How to Check Income Tax Refund Status Online Log in to the NSDL website https://tin.tin.nsdl.com/oltas/refundstatuslogin.html. Enter your Permanent Account Number (PAN) in the available box. Choose the assessment year for which you desire to know the status and then click on submit. The NSDL website is a secure website, so … Continue reading